DBJ, Japan Wind Development to form $423m fund
The Development Bank of Japan (DBJ) and Japan Wind Development (JWD) – a local developer acquired last year by Bain Capital – have agreed to launch a JPY50 billion ($424 million) wind power fund.
Each group will contribute half of the corpus, according to a release. It also noted that the growth potential and cost competitiveness of wind power could prove crucial as Japan increases carbon emissions...
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